TradingView
mahdisoltaninjad
Dec 6, 2021 3:08 PM

Dow Jones (DJIA) | Best point for sell Short

Dow Jones Industrial Average IndexTVC

Description

Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count made in this index, waves 1, 2 and 3 are formed and are now at the beginning of wave 4.
Depending on the shape of wave 2, wave 4 will probably move deep, at least to 0.5 fibo, and will lengthen over time, and it can be said that wave 4 will be a flat.
The first movement of the flat to the pink line is formed after the confirmation and failure of the red circle.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Comments
hekmatyy
Hi it reached the highest level of your analysis and I see it start to come down. I think analyses is right
Laurent10
Hi...I see its reached the top of your tri-angle (+/-35225) and according to your chart it should start coming off/down and at about +/-33400 (circle) It might, might not, but I see for every drop there is a major up swing....."they" just wont let it drop that far. I hope I'm wrong. Cheers
More